Discussion:Taxicab - 179 deduction

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Discussion Forum Index --> Tax Questions --> Taxicab - 179 deduction

Jamesc (talk|edits) said:

2007-04-01
Are taxicabs used in taxicab rental business regarded as passenger autos and not eligible for section 179 deduction?

Ejsecco (talk|edits) said:

1 April 2007
Special purpose vehicles such as taxicabs are not subject to passenger auto rules. You can take a Section 179 deduction.

Kevinh5 (talk|edits) said:

4 July 2007
You just don't get to use the cents per mile method.

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